American depository receipts of European stocks were 0.16% higher at 119.09 on the Bank of New York Mellon Europe ADR Index on Friday morning. Gainers in Continental Europe were led by Novartis (NVS), a Swiss company which manufactures healthcare products, 2.8% higher, followed by Fresenius Medical Care (FMS), a German kidney dialysis company, up by 2.5% and Telefonaktiebolaget LM Ericsson[Read More…]

Stock indexes rose for a fifth consecutive day as the so-called Trump Rally rolls on led by speculation that the new administration will ease regulations on businesses. In a report Friday, the University of Michigan said consumer sentiment rose to a reading of 98.0, just below a reading of 98.1 in January 2015 that was the strongest reading in 11[Read More…]